HomeMy WebLinkAbout1970-1252 ORDINANCE NO.
AN ORDINANCE fixing and levying the amount of ad valorem taxes neces-
sary to balance estimated revenue with estimated expen-
ditures for the 1971 Budget for the City of Yakima.
WHEREAS, pursuant to a report by the City Manager on the current
status of estimated revenue and estimated expenditures for the 1971
411 Budget for the City of Yakima, the. City Council finds that the total
net amount of $1,674,949 in revenue must be raised by ad valorem
taxes on real and personal property within the corporate limits of
' the City, which amount is not in excess of the amount authorized by
slaw to be.raised from that source, now, therefore,
BE IT ORDAINED BY THE CITY OF YAKIMA:
Section 1. There is hereby fixed to be raised by general proper-
ty taxes upon real and personal property within the City of Yakima
the amount of $1,694,949 as reduced by estimated exemptions in the
amount of $20,000, leaving a net tax revenue of $1,674,949, which
amount, when added to the estimated available revenues from all other
• sources, will balance the estimated revenues with the estimated expen-
ditures for the 1971 Budget for the City of Yakima.
Section 2. There is hereby levied upon all taxable property,
both real and personal, within the City of Yakima, Washington, a total
of 9.7000 mills on each and every dollar of assessed valuation of
such property to provide tax revenues for the following purposes:
Mills Le Exem•tion Net Le
Current Expense 3.54918 620,173 7,318 612,855
If " - Health .31040 54,238 640 53,598
Parks and Recreation 1.43342. 250,472 2,955 247,517
Clean Air .00817 1,427 17 1,410
Street 1.18686 207,389 2,447 204,942
Regional Library 1.10000 192,211 2,268 189,943
F. R. & P. .41197 71 986 850 71 136
• TOTAL 8.00000 1,397,896 16,495 1,381,401
Special Tax Levies:
Library Bond Redemption .18078 31,589 373 31,216
Street Bond " 1.17984 206,162 2,432 203,730
Airport Bond " .33938 59 302 700 58.602
TOTAL 9.70000 $1,694,949 $20,000 $1,674,949
S c ion 3. The City Clerk is directed to transmit a certified
copy of this ordinance to the office of the County Commissioners of
Yakima County, Washington.
Section_4. This ordinance is one required to be made by the
laws of the State of Washington and shall be in full force and effect
from and after its passage, approval and publication by title as pro-
vided by the City Charter.
PASSED BY THE CITY COUNCIL, signed and approved this 5th day of
October, 1970.
Mayor
ATTEST:
A24.-e.-- /47
City Clerk
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